tax evasion

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tax evasion

n.
Intentional nonpayment or avoidance of lawfully assessed taxes, especially through fraud or concealment of income.

tax evasion

n
(Law) reduction or minimization of tax liability by illegal methods. Compare tax avoidance
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax evasion - the deliberate failure to pay taxes (usually by making a false report)
evasion, nonpayment - the deliberate act of failing to pay money; "his evasion of all his creditors"; "he was indicted for nonpayment"
Translations
References in periodicals archive ?
The VAT Gap measures the effectiveness of VAT enforcement and compliance measures in each Member State as it provides an estimate of revenue loss due to fraud and evasion, tax avoidance, bankruptcies, financial insolvencies as well as miscalculations.
The IMF team was given a detailed briefing on increasing tax income, preventing tax evasion, tax notices and team was ensured that the action against tax evasion will continue indiscriminately.
As per new notification, DGII Inland Revenue will be able to carry out intelligence activities on all tax related issues including under-reporting, tax evasion, tax fraud and revenue leakages.
The I and I Inland Revenue director general has been authorised to 'carry out intelligence activities and intelligence gathering oral tax related issuing including under reporting, tax evasion, tax fraud and revenue leakages,' said the FBR notification.
The signing shows Liberia's commitment to combating tax evasion, tax crime, aggressive tax planning initiatives by multinational enterprises, as well as other base erosion schemes, and places the Country in the position to fully benefit from the exchange of information with other jurisdictions with the proclivity of increase in tax transparency that the Convention offers.
(2009), 'Tax Evasion, Tax Avoidance and Expenditures in Developing Countries: A review of the literature', Oxford University Centre for Business Taxation.